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Whales Are Buying ETH Again, But Is a Rally Still Possible?


Olivia Stephanie
для CryptoPotato
Whales Are Buying ETH Again, But Is a Rally Still Possible?

TL;DR

  • Mega whales paused after adding 2M ETH, while large whales resumed buying with 400K ETH.
  • The asset trades below $4,500 resistance as smaller whales buy, but stronger momentum may require more.
  • BitMine and new wallets bought $349M ETH, showing strong interest despite slower ETF inflows.

Market Caught Between Two Whale Groups

Ethereum’s price is being shaped by diverging whale behavior. Wallets holding over 10,000 ETH, referred to as mega whales, played a major role in the August rally. On-chain data shows these wallets added more than 2 million ETH during that time. Their activity has now slowed, with no significant accumulation seen in recent weeks.

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ETH Liquidity Hits Record $163.5B: Is a Big Rally Coming?

ETH Liquidity Hits Record $163.5B: Is a Big Rally Coming?

Ethereum liquidity hits a record $163.5B with rising fees, strong DeFi activity, and ...
ETH MACD Crossover Sparks Talk of 2021-Style Rally

ETH MACD Crossover Sparks Talk of 2021-Style Rally

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Whales Are Buying ETH Again, But Is a Rally Still Possible?


Olivia Stephanie
для CryptoPotato
Whales Are Buying ETH Again, But Is a Rally Still Possible?

TL;DR

  • Mega whales paused after adding 2M ETH, while large whales resumed buying with 400K ETH.
  • The asset trades below $4,500 resistance as smaller whales buy, but stronger momentum may require more.
  • BitMine and new wallets bought $349M ETH, showing strong interest despite slower ETF inflows.

Market Caught Between Two Whale Groups

Ethereum’s price is being shaped by diverging whale behavior. Wallets holding over 10,000 ETH, referred to as mega whales, played a major role in the August rally. On-chain data shows these wallets added more than 2 million ETH during that time. Their activity has now slowed, with no significant accumulation seen in recent weeks.

Читать материал на CryptoPotato

Читать больше

ETH Liquidity Hits Record $163.5B: Is a Big Rally Coming?

ETH Liquidity Hits Record $163.5B: Is a Big Rally Coming?

Ethereum liquidity hits a record $163.5B with rising fees, strong DeFi activity, and ...
ETH MACD Crossover Sparks Talk of 2021-Style Rally

ETH MACD Crossover Sparks Talk of 2021-Style Rally

Ethereum shows a rare monthly MACD crossover and holds key support. Analysts suggest ...